New chief appointed at specialist supported living developer HBV

Laurence Basturkmen has been appointed as the new COO of supported living developer HBV

HBV, the specialist supported living developer, has appointed Laurence Basturkmen, as its new chief operating officer (COO).

HBV was launched in Manchester in 2012 and operates as a joint venture with Morgan Sindall Investments Limited (MSIL). It has delivered more than 650 new build ‘supported living’ apartments across England for people with a wide range of disabilities. Turnover last year was £30m.

Basturkmen, who qualified as a chartered accountant in his native New Zealand, brings a wealth of experience to HBV having held senior roles at global accountancy firm EY and more recently at international construction firms and other fast-growth businesses.

As part of the organisational changes, former managing director Jonathan Wrigley becomes executive chairman and Alastair Sheehan becomes business development director.

The business is now poised for more growth at it seeks to build on existing relationships with registered providers of social housing and care providers as well as develop new ones in 2019.

Laurence Basturkmen, chief operating officer of HBV, said:

“HBV is a trusted developer in the supported living sector and I’m delighted to have the opportunity to work with the team and continue to grow the business. I’m proud to be working with colleagues who are delivering value to all our stakeholders, delivery partners and local authorities and making a positive social impact. I will continue to place our greatest emphasis on changing the lives of vulnerable people for the better as we look towards the next phase in the evolution of the business.”

Jonathan Wrigley, executive chairman of HBV, said:

“Laurence is the right person to drive the next phase of growth in the business and we are delighted he has accepted this senior leadership role. Not only has he got the commercial acumen to make a positive impact he’s also popular and respected by our existing team who have already got to know him well.”

“Our successful joint venture with HBV continues to go from strength-to-strength as we roll out more new supported living developments as part of our £200m pipeline of funding for the sector. We are delighted Laurence has joined the HBV team.”